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Romanian President Criticizes Country’s Justice System

07:49, 15 Dec. 2010
Romanian President Traian Basescu suggested some of the members of the High Council of Magistrates who think they are above everyone else are responsible for “the harm done to Romania.”

Romanian MPs Reject Prosecution Against Fmr Minister Ridzi

07:45, 15 Dec. 2010
Romania’s Chamber of Deputies Tuesday rejected anticorruption prosecutors’ requests to extend criminal investigations and search the computers used by against former youth and sports minister Monica Iacob Ridzi.

Four Romanian Businessmen Indicted In Corruption Case Involving Fmr Interior Min State Secretary

20:21, 14 Dec. 2010
Romanian prosecutors indicted businessman Catalin Chelu on charges of attempted bribery in a case involving former Interior Ministry state secretary Dan Valentin Fatuloiu, the National Anticorruption Department said in a press release Tuesday.

Romanian President Supports Education Bill Adopted By Govt

18:53, 14 Dec. 2010
Romanian President Traian Basescu said Tuesday he supports the education bill in the format adopted by the Government, and added he wants the act to be passed by the end of the year.

Total No. Of Romanian Employees Decreased By 645,000 From Jan 2009

17:09, 14 Dec. 2010
The total number of Romanian employees has decreased by 645,000 since the beginning of 2009, said the National Statistics Institute (INS).

„The Concert” By Romanian-Born Film Director Radu Mihaileanu Nominated For Golden Globe Award

16:05, 14 Dec. 2010
"The Concert" by Romanian-born French film director and screenwriter Radu Mihaileanu is nominated for Best Foreign Language Film in the 68th edition of the Golden Globe awards, the organizers of the event told a news conference Tuesday.

More Than Half Of Romanians Saved Money In 2010 – Survey

14:54, 14 Dec. 2010
More than half of the Romanians with incomes of over 500 lei (EUR1=RON4.2892) saved money for unpredictable situations in 2010, and most of them preferred to keep it at home, according to a survey conducted by Daedalus Millward Brown for Raiffeisen Banca pentru Locuinte.

Romanian President Signs Controversial Insurance Bill Into Law

13:35, 14 Dec. 2010
Romanian President Traian Basescu signed into law yesterday a bill exempting people who already have home insurance against natural disasters from getting mandatory insurance, newspaper Ziarul Financiar reported Tuesday.

House, Villa Prices In Romania Dropped 42% Since 2008 – Survey

13:31, 14 Dec. 2010
The asking prices for new houses and villas in Romania were down by more than 42% compared to 2008, with the greatest declines registered in Bucharest and Constanta county, according to website imobiliare.ro.

Romania Jan-Oct Current Account Gap Widens To EUR4.94B

13:24, 14 Dec. 2010
Romania's current account deficit widened 30.3% to EUR4.94 billion in the first ten months, from a gap of EUR3.79 billion a year earlier, largely due to the lower current transfers surplus, central bank data showed Tuesday.

Romania’s Education Law Adopted As Opposition Mps Pull Support For No-Confidence Motion

13:23, 14 Dec. 2010
The education law for which the Romanian Government sought a confidence vote in Parliament late October is considered adopted after opposition liberal lawmakers said in plenary they are pulling their signatures from the motion of no-confidence submitted over the bill, Chamber Speaker Roberta Anastase said Tuesday.

New IMF Agreement Will Protect Romania From Populism – President

12:43, 14 Dec. 2010
Romania needs a precautionary agreement with the IMF and the European Union to protect itself against its own politicians, against populism, which can grow at any moment, said President Traian Basescu in an interview with the Financial Times.

Romania’s Parliament To Continue Conf Vote Procedure For Education Bill

11:49, 14 Dec. 2010
Romania’s Parliament voted to continue procures for the adoption of the education bill Tuesday, despite protests from opposition lawmakers.

President Says Romania Isn’t Prepared To Accept Schengen Accession Delays

11:07, 14 Dec. 2010
Romania is not prepared to accept postponement of the date of accession in the Schengen area, President Traian Basescu told the Financial Times in an interview, which also touched on Romania’s role in the EU, its relations with Russia and the Republic of Moldova and the anti-missile shield.

Romania PM Calls On Opposition To Observe Constitution When Submitting No-Conf Motion

10:40, 14 Dec. 2010
Romanian Prime Minster Emil Boc on Tuesday called on the opposition to observe the Constitutional rules on the procedure entailed by a no-confidence motion after the opposition said Parliament would debate and vote on an upcoming motion after New Year’s.

Romanian President Denounces Roma Bill – Financial Times

10:20, 14 Dec. 2010
Romanian President Traian Basescu said he will refuse to sign into law a bill renaming the country’s Roma minority internally as “gypsies”, the Financial Times reported online Monday.

Romanian Opp Parties To Submit No-Confidence Motion Over Wage Bill, Debate It After Dec 31

18:19, 13 Dec. 2010
Romanian opposition Social Democratic Party president Victor Ponta said, after a meeting with liberal and conservative leaders, that they agreed to submit a no-confidence motion over the IMF-required unitary wage bill and debate it at the beginning of next year.

Romanian Govt Allows Parliament Employees To Fill Private Sector Positions

17:32, 13 Dec. 2010
Employees of Romania's Parliament with special status will be allowed to work in the private sector, including in autonomous bodies and commercial companies, according to an amendment approved by the Government Monday.

Romanian Senate Chairman Suspended From Social Democratic Party

14:30, 13 Dec. 2010
Romanian Senate Chairman Mircea Geoana has been suspended for six months from the Social Democratic Party, through a decision by the party's Standing National Bureau, party leader Victor Ponta said Monday.

Romanian Draft 2011 State, Social Security Budgets Debated In Parliament Committees This Weekend

14:24, 13 Dec. 2010
The Romanian Parliament budget and finance committees will debate the draft 2011 state budget law and the draft social security budget for next year on Friday, Saturday and Sunday, and the two acts will be up for plenary debates in Parliament staring next week.

Half The Buildings In Bucharest’s Historic Center Could Collapse In Strong Earthquake

14:16, 13 Dec. 2010
More than half the buildings in Bucharest's historic center might collapse in an earthquake more powerful than seven degrees on the Richter scale, said Stefan Dumitrascu, chief architect of the city's 3rd sector, where 90% of the buildings are located.

Romanian President Basescu Extends New Invitation To Talks For Opp Parties

13:34, 13 Dec. 2010
Romanian President Traian Basescu invited opposition party leaders again to attend consultations with parliamentary parties at the presidential palace on Monday afternoon.

No. Of Romanians Who Went Abroad To Work Tripled In 2010

13:07, 13 Dec. 2010
The number of Romanians who went abroad with labor contracts tripled in 2010 compared to last year, according to recruiting company Thera Group.

Romanian Govt Approves 6/24 Amendments To Unitary Wage Law

12:10, 13 Dec. 2010
Romania’s Government has approved six out of 24 amendments submitted by lawmakers to the unitary wage bill for the public sector, for which the Government plans to seek a confidence vote in Parliament Tuesday.

Romanian Miners Threaten Full-Blown Strike Starting Jan 10, 2011

12:04, 13 Dec. 2010
Over 30,000 Romanian employees in the mining and energy sectors threatened to go on full-blown strike starting January 10 if power company Electra is not set up and negotiations to create new jobs and prevent collective layoffs in the two sectors are not initiated.

Bucharest Mayor Wants Romania To Host 2020 Olympic Games

11:35, 13 Dec. 2010
The general mayor of Romania’s capital Bucharest, Sorin Oprescu, said Monday hosting the 2020 Olympic Games in Bucharest would attract many investors and the move is backed by citizens.

Romanian Govt Meets Monday To Discuss MPs’ Amendments To Wage Law

11:26, 13 Dec. 2010
Romania’s Government holds a Cabinet meeting Monday to discuss amendments brought by lawmakers to the unitary wage law, for which the Executive plans to seek a confidence vote Tuesday.

Romanian Govt Approved Norms On The Application Of Public-Private Partnership Law – PM

16:40, 12 Dec. 2010
Romanian Prime Minister Emil Boc said Sunday on ProTV that the Government has approved the norms for the application of the public-private partnership law, which he said creates the framework for the attraction of domestic and foreign investments.

Romanian Public Sector To Shrink Below 1.29 Million Employees By Year-End – PM

15:39, 12 Dec. 2010
Prime Minister Emil Boc said Sunday on ProTV that Romania's public sector will employ fewer than 1.29 million people by the end of the year, with layoffs to continue through next year.

Talks With IMF On Follow-Up Loan Deal To Begin On January 20 – Romanian PM

15:08, 12 Dec. 2010
Discussions between Romanian authorities and the International Monetary Fund on a potential new loan agreement will begin on January 20, said Prime Minister Emil Boc Sunday on ProTV.

Romanian Govt To Cut Aid For Unemployed People Who Turn Down A Job Offer

20:10, 10 Dec. 2010
Romania's Government has decided to cut unemployment aid to people who turn down a job, regardless of the distance between their home and the position, or who refuse to take part in a professional training program, as of next year.

Romanian Carmaker Dacia Sees ’10 Output At 450,000 Units

18:47, 10 Dec. 2010
Romanian carmaker Automobile Dacia will produce 450,000 units this year and production might increase to 550,000 units per year by 2015, according to Automobile Dacia vice-president Constantin Stroe.

IMF Imposed No Conditions On Parental Leave In Romania – Official

16:06, 10 Dec. 2010
The International Monetary Fund imposed no conditions regarding parental leave in Romania as part of the loan agreement and decisions to reduce parental leave were made by the Government, IMF official Jeffrey Franks said in a letter Thursday.

Romanian Opp Social Democrats Won’t Attend Meeting With President Basescu – Party Leader

14:20, 10 Dec. 2010
Romanian Social Democratic Party leader Victor Ponta said Friday his party will not participate in consultations with President Traian Basescu on Monday at the presidential palace, adding Basescu can no longer be considered head of state, but merely the head of the ruling Democratic Liberal Party.

Romania Jan-Oct Trade Gap Narrows To EUR7.7B

11:58, 10 Dec. 2010
Romania’s trade deficit narrowed to EUR7.7 billion in the first ten months, from EUR8.09 billion in the same period a year earlier, the National Statistics Institute said Friday.

Romania Nov CPI +0.5 On Month, Annual Inflation Eases To 7.7%

10:30, 10 Dec. 2010
Romanian consumer prices rose 0.52% on the month last month, matching October figures, while the annual inflation eased slightly to 7.7%, the country’s statistics institute INS said Friday.

Romanian Employers Forbidden To Sack Employees In First Six Mos After Parental Leave End

16:04, 09 Dec. 2010
Romanian employers are forbidden to sack employees in the first six months after they return from parental leave, according to an emergency ordinance on new parental leave and child-rearing benefit measures to be implemented starting next year.

Romanian Mothers To Receive Extra Money As Child-Rearing Aid For Multiples

15:14, 09 Dec. 2010
The Romanian Government will grant extra 600 lei (EUR1=RON4.3005) in child-rearing benefits in the case of multiple pregnancy and for a second child born in the interval in which child-rearing aid is paid, the Labor Ministry said in a press release Thursday.

Mobile Operators Vodafone, Cosmote To Launch iPhone 4 In Romania On Dec 17

14:32, 09 Dec. 2010
Apple's iPhone 4 will be available from Romanian mobile operators Vodafone and Cosmote starting with December 17, alongside special plans aimed at its users.

Bucharest Baneasa Airport To Handle Business Traffic, Low-Cost Flights Moved To Otopeni

13:46, 09 Dec. 2010
Romania's Transport Ministry plans to convert Bucharest's Aurel Vlaicu (Baneasa) Airport into one reserved for business flights and move low-cost traffic to the Henri Coanda Airport in the nearby town of Otopeni, meaning higher costs for budget airlines and higher ticket prices.